Kratos Defense & Security Solutions, Inc. KTOS R2K
Kratos Defense & Security Solutions, Inc., a technology company, provides technology, hardware, products, system, and software for the defense, national security, and commercial markets in the United States, other North America, the Asia Pacific, the Middle East, Europe, and Internationally. The company operates through Kratos Government Solutions and Unmanned Systems segments. It offers virtualized ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet powered unmanned aerial drone systems and hypersonic vehicles and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft and launch systems, command, control, communication, computing, combat, and intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; and counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter. The company primarily serves national security-related agencies, the U.S. Department of Defense, intelligence and classified agencies, international government agencies, and domestic and international commercial customers. Kratos Defense & Security Solutions, Inc. was formerly known as Wireless Facilities, Inc. and changed its name to Kratos Defense & Security Solutions, Inc. in August 1999. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 14.5% over 5 years.
- Profit CAGR of 53.2% over 5 years.
CONS
- Trading at a high P/E of 377.2.
- Trading 50.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | KTOS Kratos Defense & Security Solutions, Inc. R2K | 64.13 | 377.24 | $12.03B | - | 2.02% | 1.23% | 14.45% | 53.21% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Oct 2017 | Dec 2017 | Apr 2018 | Jul 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Oct 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 132.00M | 147.90M | 157.10M | 166.30M | 143.00M | 151.20M | 159.40M | 164.40M | 160.40M | 187.90M | 184.10M | 185.10M | 168.90M | 170.40M | 202.00M | 206.40M | 194.20M | 205.10M | 200.60M | 196.20M | 224.20M | 228.60M | 231.80M | 256.90M | 274.60M | 277.20M | 300.10M | - | - | 302.60M | 351.50M | 347.60M | 345.10M | 371.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 229.00M | 277.70M | 270.50M | 261.70M | 281.40M |
| Gross Profit | 40.40M | 42.20M | 35.90M | 45.20M | 25.90M | 46.60M | 36.10M | 37.50M | 37.20M | 46.80M | 40.80M | 39.30M | 44.10M | 45.50M | 44.90M | 48.10M | 48.60M | 48.40M | 45.80M | 46.00M | 57.10M | 54.30M | 51.00M | 52.00M | 60.60M | 51.90M | 57.80M | 54.90M | 59.40M | 63.90M | 73.40M | 71.00M | 77.20M | - | - | 73.60M | 73.80M | 77.10M | 83.40M | 89.60M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 67.00M | 70.10M | 69.80M | 73.30M | 83.00M |
| Operating Income | 1.60M | 1.50M | -10.20M | 0 | -13.00M | 4.60M | 1.40M | 1.50M | 100.00K | -15.00M | 7.00M | 2.60M | 10.10M | 10.80M | 8.20M | 9.00M | 11.50M | 9.30M | 4.70M | 2.90M | 12.70M | 9.00M | 4.90M | 3.30M | 10.50M | -1.20M | -1.90M | -3.60M | 500.00K | 6.70M | 12.20M | 7.00M | 12.50M | - | - | 6.60M | 3.70M | 7.30M | 10.10M | 6.60M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20.00M | 18.50M | 22.20M | 42.20M | 26.80M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 12.50M | 900.00K | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.40M | 4.60M | 11.90M | 12.10M | 9.80M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 900.00K | 1.70M | 3.20M | 6.20M | -2.10M |
| Net Income | 55.10M | -4.00M | -22.20M | -10.40M | -23.60M | -4.30M | -10.00M | -6.20M | -4.30M | -22.20M | -2.20M | -7.70M | 1.70M | 4.70M | 3.10M | 3.90M | 2.50M | 3.00M | -200.00K | -700.00K | 2.40M | 78.10M | 1.90M | 1.10M | -2.40M | -15.90M | -4.70M | -8.00M | -7.00M | -2.70M | -1.60M | 1.30M | 7.90M | - | - | 4.50M | 2.90M | 8.70M | 5.90M | 11.90M |
| Diluted EPS | 0.92 | -0.07 | -0.37 | -0.17 | -0.39 | -0.07 | -0.13 | -0.07 | -0.05 | -0.21 | -0.02 | -0.07 | 0.02 | 0.04 | 0.03 | 0.04 | 0.02 | 0.03 | 0.00 | -0.01 | 0.02 | 0.62 | 0.01 | 0.01 | -0.02 | -0.12 | -0.04 | -0.06 | -0.05 | -0.02 | -0.01 | 0.01 | 0.05 | - | - | 0.03 | 0.02 | 0.05 | 0.03 | 0.07 |
| R&D Expense | 3.50M | - | 2.90M | 4.00M | 3.20M | - | 4.40M | 4.10M | 4.20M | - | 3.60M | 3.60M | 4.40M | - | 3.90M | 4.50M | 4.60M | - | 5.70M | 6.00M | 7.70M | - | 8.00M | 10.20M | 8.00M | 9.20M | 9.20M | 9.60M | 10.20M | 9.90M | 10.30M | 9.60M | 10.20M | 9.90M | - | 10.00M | 10.20M | 10.00M | - | 10.70M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 541.90M | 603.30M | 618.00M | 717.50M | 747.70M | - | 898.30M | 1.04B | 1.14B | 1.35B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 672.30M | 768.50M | 849.10M | 1.04B |
| Gross Profit | 63.60M | 84.30M | 191.20M | 257.20M | 204.50M | 179.40M | 161.80M | 120.50M | 157.60M | 169.70M | 190.00M | 203.20M | - | 226.00M | 268.60M | 287.20M | 307.90M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 221.40M | 237.10M | 257.50M | 280.20M |
| Operating Income | -27.00M | 23.10M | 29.50M | -49.70M | 18.20M | 5.30M | -4.50M | -18.00M | -12.00M | 30.50M | 38.00M | 29.30M | - | 4.60M | 31.50M | 29.70M | 27.70M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.20M | 77.50M | 93.60M | 102.90M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.30M | 21.70M | 15.20M | 9.60M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -33.00M | 11.10M | 26.50M | 34.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 200.00K | 8.70M | 10.20M | 12.00M |
| Net Income | - | 14.50M | -24.20M | -114.40M | -37.20M | -78.00M | 19.80M | -60.50M | -42.70M | -3.50M | 12.50M | 79.60M | - | -36.90M | -8.90M | 16.30M | 22.00M |
| Diluted EPS | -2.99 | 0.86 | -0.88 | -2.44 | -0.65 | -1.35 | 0.34 | -0.99 | -0.48 | -0.03 | 0.11 | 0.67 | - | -0.29 | -0.07 | 0.11 | 0.13 |
| R&D Expense | 1.80M | 2.20M | 8.60M | 17.80M | 19.70M | 18.60M | 16.20M | 13.90M | 17.80M | 15.60M | 18.00M | 27.00M | 35.20M | 38.60M | 38.40M | 40.30M | 40.00M |
Compounded Sales Growth
| 5 Years: | 14.45% |
| 1 Year: | 22.60% |
Compounded Profit Growth
| 5 Years: | 53.21% |
| 1 Year: | 130.60% |
Stock Price Performance
| 1 Year: | +73.84% |
| 6 Months: | -14.55% |
| 3 Months: | -25.59% |
| 1 Month: | +7.67% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 535.70M | 1.22B | 1.28B | 1.22B | 1.13B | 903.30M | 948.60M | 1.02B | 1.01B | 1.19B | 1.56B | - | 1.55B | 1.63B | 1.95B | 2.47B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 582.60M | 594.20M | 872.10M | 1.26B |
| Cash & Equivalents | 3.70M | 9.90M | 10.80M | 69.60M | 48.40M | 54.20M | 33.50M | 28.50M | 69.10M | 130.50M | 182.70M | 172.60M | 380.80M | - | 81.30M | 72.80M | 329.30M | 560.60M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 125.50M | 156.20M | 162.10M | 188.20M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105.50M | 128.70M | 117.40M | 164.90M |
| Total Liabilities | - | - | 365.80M | 903.40M | 959.80M | 920.80M | 906.90M | 649.10M | 672.20M | 512.50M | 490.80M | 596.90M | 622.70M | - | 604.00M | 634.00M | 597.70M | 470.90M |
| Current Liabilities | - | - | 118.10M | 213.80M | 278.80M | 251.00M | 226.10M | 172.40M | 196.50M | 188.90M | 164.70M | 182.70M | 197.60M | - | 234.20M | 292.50M | 296.70M | 311.00M |
| Long Term Debt | - | - | 225.00M | 630.80M | 629.70M | 628.80M | 614.40M | 444.10M | 431.00M | 293.50M | 294.20M | 295.10M | 301.00M | 296.70M | 250.20M | 219.30M | 174.60M | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 301.80M | 321.40M | 282.00M | 145.80M |
| Total Equity | 146.90M | 124.90M | 169.90M | 312.60M | - | - | - | - | - | - | - | - | - | - | 936.30M | 976.00M | 1.35B | 2.00B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 125.99M | 129.29M | 151.09M | 168.88M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | - | - | - | - | - | - | -25.70M | 65.20M | 49.70M | -42.10M |
| Investing Cash Flow | - | - | - | - | - | 40.50M | -43.70M | -87.30M | - | -177.40M | -43.80M | -69.70M | -88.30M |
| Financing Cash Flow | - | - | - | - | 113.40M | 1.70M | 3.50M | 247.70M | - | -63.30M | -30.70M | 277.60M | 360.70M |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | -45.40M | -52.40M | -58.20M | -95.30M |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | -71.10M | 12.80M | -8.50M | -137.40M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | -266.40M | -9.30M | 257.60M | 230.30M |
| Share Buybacks | 0 | 10.90M | 0 | 0 | - | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | 22.2% | 26.1% | 27.5% | 26.5% | 27.2% | - | 25.2% | 25.9% | 25.3% | 22.9% |
| Operating Margin % | - | - | - | - | - | - | - | -3.3% | -2.0% | 4.9% | 5.3% | 3.9% | - | 0.5% | 3.0% | 2.6% | 2.1% |
| Net Margin % | - | - | - | - | - | - | - | -11.2% | -7.1% | -0.6% | 1.7% | 10.6% | - | -4.1% | -0.9% | 1.4% | 1.6% |
| ROE % | - | 8.5% | -7.7% | - | - | - | - | - | - | - | - | - | - | -3.9% | -0.9% | 1.2% | 1.1% |
| ROCE % | - | 5.5% | 2.9% | -4.9% | 1.9% | 0.6% | -0.6% | -2.4% | -1.4% | 3.6% | 3.8% | 2.1% | - | 0.3% | 2.4% | 1.8% | 1.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 16.89% | 31.66M | $2.03B |
| 2 | State Street Corporation | 4.75% | 8.91M | $571.49M |
| 3 | Vanguard Portfolio Management LLC | 4.61% | 8.65M | $554.76M |
| 4 | Vanguard Capital Management LLC | 4.41% | 8.27M | $530.66M |
| 5 | Geode Capital Management, LLC | 2.81% | 5.26M | $337.60M |
| 6 | Invesco Ltd. | 2.74% | 5.14M | $329.47M |
| 7 | Franklin Resources, Inc. | 2.12% | 3.98M | $255.09M |
| 8 | ARK Investment Management, LLC | 1.86% | 3.49M | $223.89M |
| 9 | Van Eck Associates Corporation | 1.65% | 3.09M | $198.38M |
| 10 | Nomura Asset Management International Inc | 1.48% | 2.78M | $178.42M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for KTOS